XAGUSD: Hit 1W MA100 after 2.5 years. Oversold.SILVER / U.S. DOLLARFX_IDC:XAGUSDInvestingScopeSilver is almost oversold on its 1D technical outlook (RSI = 31.287, MACD = -2.114, ADX = 33.342) and hit today its 1W MA100 for the first time since February 2024. These conditions are enough to find at least short term buyers and demand, strong enough to cause a technical rebound towards the 1D MA50 (TP = 60.500). As long as the 1D MA50 holds, a new bearish wave is possible. If broken, expect the 1D MA200 to be tested. Updates will follow. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##